Immigrants from Armenia vs Panamanian Median Household Income

The statistical analysis conducted on geographies consisting of 97,712,518 people shows a mild negative correlation between the proportion of Immigrants from Armenia and median household income in the United States with a correlation coefficient (R) of -0.388 and weighted average of $83,555. Similarly, the statistical analysis conducted on geographies consisting of 281,034,556 people shows a mild negative correlation between the proportion of Panamanians and median household income in the United States with a correlation coefficient (R) of -0.398 and weighted average of $82,272, a difference of 1.6%.

In terms of median household income, the demographic groups most similar to Immigrants from Armenia are Ghanaian ($83,582, a difference of 0.030%), French ($83,468, a difference of 0.10%), Aleut ($83,446, a difference of 0.13%), Japanese ($83,395, a difference of 0.19%), and German ($83,358, a difference of 0.24%). Similarly, the demographic groups most similar to Panamanians are Nepalese ($82,410, a difference of 0.17%), Venezuelan ($82,432, a difference of 0.20%), Salvadoran ($82,449, a difference of 0.22%), Immigrants from Uruguay ($82,560, a difference of 0.35%), and Immigrants from Iraq ($82,594, a difference of 0.39%).